The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-08-16

difference between local and through rates. Il
will make but little difference, however, as the
business of that road does not amount TO more
than two or three carloads per day.
The Illinois Railroad Commission now has the
duty according to law passed by the last Legisa-
ture of Investigating fatal and other serious &C
cidents the same as is done in Massachusetts,
and the late disaster the T., P. & w gives
them excellent opportunity TO show their
ability in that direction.
Indications that Boston capitalists are
mixed up through the Ives-Staynor deal, In the
future of the Dayton & Ironton and the Dayton,
Fort Wayne & Chicago roads. C. W. Fairbanks
writes that he thinks the parties interested In
these two enterprises will come out all right, 81
though the settlements of matters may De
tedious
The railroad mems building and saving associ-
alton, which is to be operated on what IS known
as the Dayton plan, has elected the following
B. & W, president; D. F. Whitcomb. superin-
tendent of the Union railway, vice-presldent;
W. T. Cannon chief clerk of V. T. Malott,
secretary and j. T.. Peirce, OF the Merchants,
Despatch, treasurer
The earnings of the Lake Erie e. Western
road for the first six months since the reorgan-
ization, ending Aug. 6. were 100000 The
percentage of operating expenses to gross earn
ings was 81 6 per cent against "a per cent for
tnScorrespondiDg period OF last year. President
Cummings estimated the gross earnings for the
entire year at So 200, 000,s which will allow the
payment of a dividend of per cent
Mr.. Ingalls, president of the c., T., ST. L & c.,
returned from the East Sunday night, and
Superintendent Sherwood last night went down
to Cincinnati to see him and certainly can
make very satisfactory report of what has
been done with the property during Mr.. Inealls's
absence in Europe. The physical condition has
been greatly improved, the earnings have footed
up handsomely, and there has been an exemption
from accident on the entire line that is really
markable
L. G.. Cannon, who has been appointed assist
ant general manager Of the Oregon Pacific road,
left for his field yesterday. His family will
not go on for couple of months His head
Quarters. for the present will be Corvallis. Ore.
When the road is completed Portland will doubt
less be his headquarters. g. T. N. Davis,
formerly trustee of the bondholders of the Indi-
annapolis, Peru 81 Chicago road, is secretary and
treasurer of this company, with headquarters in
New York.
The indianapolis Belt-roa is the most COM
pete road of this character in existence in every
respect Yesterday Superintendent Whitcomb
received letter from party of capitalists in
Australia stating that they had under contem-
plation the building or q belt road In one of the
Australian cities, and they were DESTROYS of
knowing the plan on which the Indianapolis Belt
road was built and in what manner it oper-
ated. and other matters of interest concerning
the enterprise which had attained worldwide
reputation.
Chief Engineer Irwin, of the Bee-line, is in
this city. He states that by the last of this
month the improvement in progress on the Amer
lean Bottoms will De completed; that all work
outside of ordinary repairs will be abandoned, as
the track from Cleveland to st. Louis is
good Is as good as any track in this country and
rides smoothly any. All the bridges the
line have been replaced with undergone
general repairs. There are yet three wooden
structures which. while safe enough to run over,
will before winter sets in, be replaced with iron
bridges.
It is suggested that the Pennsylvania Com
panv set example to Indiana railway man
agements on their Indianapolis e Vincennes
division in the matter of replacing wooden
structures with stone arch bridges Stone with
which q n m is ali
ant all along the line. and really stone arch
bridges would cost but little, if any more than
wooden structures. The L., n. A. & G. road.
which has had good deal of trouble with
wooden bridges has immense quantities of stone
on the line, and would do well to give this mat
ter attention